Wednesday, October 25, 2023 11:06:17 AM
...The supplemental agreement involves the retention and use of surplus cash generated from
operations at Talawaan and provides that the surplus cash held by the operating partner on behalf
of the Company as at November 30, 2022, approximating $13 million, be released in full, effective
immediately, and reinvested into a number of areas, including addition of high value gold
exploration properties, recapitalisation and expansion of gold mining assets in situ, as well as
upgrades of safety equipment and protocols and investment in additional upgrades of
environmental operating standards, including reinforced lining of tailing ponds, restoring and
replanting excavated areas of forest and other improvements to the Company’s environmental
footprint...
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